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50. INCREASE EXPENDITURE BUDGET FOR EMPLOYEE BENEFIT TRUST Approve a net increase to the FY 2014 Employee Benefit Trust Expenditures and Revenues in the amount of $5,200,000. This action will decrease the revenue and expenditure appropriation in the Medical HMO Fund (601) by $3,500,000, increase the revenue and expenditure appropriation in the Medical PPO Fund (604) by $3,200,000 and increase the revenue and expenditure appropriation in the Medical HDHP with H S A Fund (606) by $5,500,000. These increases will be partially offset by an increase to Elimination in the amount of $ 1,500,000. The adjustments result in a net increase of $3,700,000 in revenues and expenditures in the FY 2014 budget. Budgeted expenditures in the Benefits Trust can be increased pursuant to A.R.S. § 11-981 (C), which states that expenditures during the fiscal year from a trust are not subject to the provisions of title 42, chapter 17, article 3. Three factors have contributed to the increase in expenditures over the budgeted amount: 1) There has been a shift from “Employee Only Coverage” to “Employee plus Family Coverage” of about 80 employees which effectively increases the number of members in the plan; 2) Total employees enrolled in plans has increased by about 100 subscribers; 3) Claims have come in slightly higher than anticipated. (C-39-14-031-2-00)